Common use of Description of Parties' Rights Clause in Contracts

Description of Parties' Rights. The Employee agrees that with respect to any inventions made by him or the Company during the term of this Agreement, solely or jointly with others, (i) which are made with the Company's equipment, supplies, facilities, trade secrets or time, or (ii) which relate to the business of the Company or the Company's actual or demonstrably anticipated research or development, or (iii) which result from any work performed by the Employee for the Company, such inventions shall belong to the Company. The Employee also agrees that the Company shall have the right to keep such inventions as trade secrets, if the Company chooses.

Appears in 11 contracts

Samples: Employment Agreement (Beam Global), Employment Agreement (Envision Solar International, Inc.), Employment Agreement (Cloudcommerce, Inc.)

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Description of Parties' Rights. The Employee agrees that with respect to any inventions made by him or the Company during the term of this Agreement, solely or jointly with others, (i) which are made with the Company's ’s equipment, supplies, facilities, trade secrets or time, or (ii) which relate to the business of the Company or the Company's ’s actual or demonstrably anticipated research or development, or (iii) which result from any work performed by the Employee for the Company, such inventions shall belong to the Company. The Employee also agrees that the Company shall have the right to keep such inventions as trade secrets, if the Company chooses.

Appears in 4 contracts

Samples: Share Exchange Agreement (Originclear, Inc.), Employment Agreement (Solar3d, Inc.), Employment Agreement (Cereplast Inc)

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Description of Parties' Rights. The Employee agrees that with respect to any inventions made by him or the Company during the term of this Agreement, solely or jointly with others, (i) which are made with the Company's equipment, supplies, facilities, trade secrets or time, or (ii) which relate to the business of the Company or the Company's actual or demonstrably anticipated research or development, or (iii) which result from any work performed by the Employee for the Company, such inventions shall belong to the Company. The Employee also agrees that the Company shall have the right to keep such inventions as trade secretssecretes, if the Company chooses.

Appears in 3 contracts

Samples: Employment Agreement (Incomnet Inc), Employment Agreement (Incomnet Inc), Employment Agreement (Incomnet Inc)

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